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Is EUR/JPY starting a bear trend? [Video]
Silver price today: Silver falls, according to FXStreet data
The Pound-Dollar exchange rate is holding below $1.35 after resilient UK GDP data, with Sterling unable to make significant headway against a broadly steady US Dollar. The Pound to US Dollar (GBP/USD) exchange rate remained under modest pressure on Thursday morning despite stronger-than-expected monthly UK growth data.
The US dollar strengthened against commodity currencies following the release of July US inflation data. The annual Consumer Price Index (CPI) came in at 3.4%, exactly in line with forecasts and down from the previous 3.5%, while prices rose by 0.1% month-on-month.
NZD/USD Price Forecast: Cooling NZ inflation expectations push Kiwi under pressure
Gold: Upside capped by Fed hike risks – TD Securities
British Pound: Upside capped near 1.3555 against US Dollar – UOB
Gold and silver remain supported after softer U.S. CPI as traders turn to PPI for fresh clues on inflation and the Federal Reserve's policy outlook.
USD/JPY in positive territory: Yen gives back intervention gains
USD/JPY rose to 159.53 on Thursday, returning towards the 160.00 area as the Japanese yen weakened. The move has kept markets on alert for possible further intervention by the authorities amid persistent currency weakness.
DXY, EUR/USD and GBP/USD test key levels as traders turn to U.S. PPI after softer CPI and assess the latest UK GDP data.
Pound-New Zealand Dollar could extend above NZ$2.30 if UK growth holds firm, although stronger RBNZ rate expectations may help the Kiwi recover. The Pound to New Zealand Dollar (GBP/NZD) exchange rate climbed to a two-week high on Thursday as deteriorating global risk appetite weighed on the risk-sensitive ‘Kiwi'.
Euro: Range phase after failed upside break against US Dollar – UOB
Philippines Gold price today: Gold falls, according to FXStreet data
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
